Can Carstens Steady Mexico’s Economy Before His Exit?

˙ Latin America Advisor

Agustín Carstens, Mexico’s longstanding central bank governor, is delaying his planned resignation from July until November this year, reportedly to help the government renegotiate provisions of the North American Free Trade Agreement. Widely respected on Wall Street, Carstens is slated to become head of the Bank for International Settlements. How important is Carstens to the Mexican government’s standing in international markets? What pressures and challenges does he face at the helm of Banxico in the coming months? Facing external pressures and a record-low currency, should Mexico make major changes in how it manages its monetary policy?

See our Q&A in the Latin America Advisor with Tapen Sinha, professor of risk management at the Instituto Tecnológico Autónomo de México; David Ross, global equity fund manager at La Financière de l’Echiquier in Paris; and Alfredo Coutiño, director for Latin America at Moody’s Analytics.

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